Following US sanctions on an import terminal in eastern China, trading firms have redirected at least five crude oil tankers from a major port in the region, according to a Reuters report. US sanctions have forced refiners to alter plans for unloading cargo at Lanshan port in Shandong province, leading to diversions. This has caused,
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Following US sanctions on an import terminal in eastern China, trading firms have redirected at least five crude oil tankers from a major port in the region, according to a Reuters report. US sanctions have forced refiners to alter plans for unloading cargo at Lanshan port in Shandong province, leading to diversions. This has caused,
3.4KA tidal wave of optimism has swept across Asian markets, as a landmark partnership between the AI titan OpenAI and two of South Korea’s biggest companies sent the nation’s stock market soaring to a new all-time high. This powerful, tech-led rally has overshadowed a worrying inflation print and is part of a broader, defiant surge
A tidal wave of optimism has swept across Asian markets, as a landmark partnership between the AI titan OpenAI and two of South Korea’s biggest companies sent the nation’s stock market soaring to a new all-time high. This powerful, tech-led rally has overshadowed a worrying inflation print and is part of a broader, defiant surge
3.4KBipartisan talks on reopening the government began to materialize less than a day into the shutdown, with Republicans and Democrats trying to find a middle ground on expiring Obamacare tax credits. The federal government entered its first full day of a shutdown on Wednesday, and so far neither side of the aisle is willing to
Bipartisan talks on reopening the government began to materialize less than a day into the shutdown, with Republicans and Democrats trying to find a middle ground on expiring Obamacare tax credits. The federal government entered its first full day of a shutdown on Wednesday, and so far neither side of the aisle is willing to
3.4KNvidia stock (NASDAQ: NVDA) saw a notable rise on Thursday amid a bullish momentum after Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record third-quarter profit and raised its 2025 revenue outlook, driven by surging demand for AI-class chips. The upbeat TSMC’s Q3 earnings provided Nvidia stock with a boost as it reinforced expectations of strong
Nvidia stock (NASDAQ: NVDA) saw a notable rise on Thursday amid a bullish momentum after Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record third-quarter profit and raised its 2025 revenue outlook, driven by surging demand for AI-class chips. The upbeat TSMC’s Q3 earnings provided Nvidia stock with a boost as it reinforced expectations of strong
3.4KSen. Josh Hawley, R-Mo., is looking to hold Democrats’ ‘feet to the fire’ with new legislation seeking special funding for farmers and food assistance programs amid the government shutdown. Hawley’s bills would reinstate federal funding for the Farm Service Agency as well as the federal SNAP food program. Democrats have so far refused to work
Sen. Josh Hawley, R-Mo., is looking to hold Democrats’ ‘feet to the fire’ with new legislation seeking special funding for farmers and food assistance programs amid the government shutdown. Hawley’s bills would reinstate federal funding for the Farm Service Agency as well as the federal SNAP food program. Democrats have so far refused to work
3.4KThe Schwab U.S Dividend Equity ETF (SCHD) stock price has remained in a tight range this month, even as other broad blue-chip indices like the Nasdaq 100 and S&P 500 soared to a record high. SCHD was trading at $27.28, down from the all-time high of $28.6 and the year-to-date high of $27.75. This article
The Schwab U.S Dividend Equity ETF (SCHD) stock price has remained in a tight range this month, even as other broad blue-chip indices like the Nasdaq 100 and S&P 500 soared to a record high. SCHD was trading at $27.28, down from the all-time high of $28.6 and the year-to-date high of $27.75. This article
3.4KThe United Nations on Friday failed to adopt a resolution brought by China and Russia that would have extended sanctions relief for Iran for another six months under the nuclear deal. The vote was 4 to 9, with Algeria, China, Pakistan and Russia in favor and Denmark, France, Greece, Panama, Sierra Leone, Slovenia, Somalia, the
The United Nations on Friday failed to adopt a resolution brought by China and Russia that would have extended sanctions relief for Iran for another six months under the nuclear deal. The vote was 4 to 9, with Algeria, China, Pakistan and Russia in favor and Denmark, France, Greece, Panama, Sierra Leone, Slovenia, Somalia, the
3.4KA day of significant global developments is underway, as a fresh wave of economic data reveals a deepening divergence in Asia’s manufacturing sector, a landmark US trade pact with Africa expires, and the top trade negotiator in Japan moves to calm fears about a colossal investment fund. Here’s your one-stop stand to catch up on
A day of significant global developments is underway, as a fresh wave of economic data reveals a deepening divergence in Asia’s manufacturing sector, a landmark US trade pact with Africa expires, and the top trade negotiator in Japan moves to calm fears about a colossal investment fund. Here’s your one-stop stand to catch up on
3.4KNike Inc. shares rose more than 3% on Wednesday after the athletic apparel maker posted better-than-expected fiscal first-quarter results, topping Wall Street forecasts for both revenue and net income. The company also signaled stronger-than-anticipated sales growth ahead, but warned of challenges from tariffs, holiday sales pressure, and weakness in its China business. Nike shares were
Nike Inc. shares rose more than 3% on Wednesday after the athletic apparel maker posted better-than-expected fiscal first-quarter results, topping Wall Street forecasts for both revenue and net income. The company also signaled stronger-than-anticipated sales growth ahead, but warned of challenges from tariffs, holiday sales pressure, and weakness in its China business. Nike shares were
3.4KAsian equities advanced on Thursday, extending gains from the previous session as investors grew increasingly confident that the US Federal Reserve would soon begin cutting interest rates. Gains across the region, however, were tempered by escalating trade tensions between Washington and Beijing. China and Hong Kong stocks feel jitters China’s Shanghai Composite Index fluctuated through
Asian equities advanced on Thursday, extending gains from the previous session as investors grew increasingly confident that the US Federal Reserve would soon begin cutting interest rates. Gains across the region, however, were tempered by escalating trade tensions between Washington and Beijing. China and Hong Kong stocks feel jitters China’s Shanghai Composite Index fluctuated through
